Described as the ‘go-to team for all real estate matters’, Kinstellar acts for Bulgarian and European investment companies and real estate developers on commercial and logistics development projects, real estate portfolio acquisitions and real estate aspects of M&A transactions, as well as drafting complex lease agreements. Practice head Antonia Mavrova supports clients in retail, logistics and office developments and frequently supports real estate investors. The team grew in February 2024 when Desislava Dimitrova joined from Penkov, Markov & Partners.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘This practice distinguishes itself through a unique combination of specialised expertise, innovative strategies and a strong client-focused approach. Unlike many other firms, the team integrates a deep understanding of the industries they serve with a forward-thinking outlook, allowing them to deliver solutions that are both practical and strategically insightful.’

  • ‘Antonia Mavrova - extremely loyal, devoted and trustworthy person. Very knowledgeable in her work.’

  • ‘Working with Kinstellar’s real estate team, especially Simeon, was a seamless experience. Their expertise is evident, but what really stood out was their proactive approach and attention to detail. They didn’t just provide legal counsel; they made sure we and the client understood every part of the process and how it would impact the case.’

  • ‘Simeon Vachev, in particular, was instrumental in the real estate project we've collaborated. His ability to flag potential issues early on and explain them in a way that made sense to both legal and non-legal team members was invaluable. Simeon also made sure that every document was crystal clear and aligned with the client's needs, giving both us and the client confidence in every step of the review.’

  • ‘The team knows the local market very well. They are acquainted with the legal frame and try to match the client’s requirements into this frame. They get in details which describe thoroughly the contents and ideas into words and cover all the possible risks in the future.’

  • ‘Antonia Mavrova and Simeon Vachev have the knowledge and the competence to participate in the negotiations with our counterpart, to identify all the potential risks in the future and to put all this in a quite a comprehensive contract. They gave us an after service assistance when needed. They understood all our needs and tried to solve all issues that were on the way.’

  • ‘We are highly impressed with the professionalism and expertise demonstrated by Kinstellar real estate team during our recent cooperation. They have been hands-on throughout the entire transaction, not only developing an efficient structure to a complex matter, but also providing clear guidance, ensuring every aspect of the transaction is handled with precision.’

  • ‘I had the pleasure of working with Antonia Mavrova on a complex real estate transaction, and I cannot recommend her highly enough. Her extensive knowledge and years of experience were evident in every step of the process. If you are looking for a real estate lawyer who is both skilled and client-focused, Antonia is the person to go to. Atanas Mihaylov is another standout member of the team. With his thoughtful approach and strategic thinking, he always provides clear and well-presented advice. His impressive ability to break down complex issues added a significant value to the matter and made the whole process much smoother.’

Key clients

  • Mitiska REIM
  • Lion’s Head Investments
  • AG Capital
  • United Energy Group
  • CTP
  • DORADO 1
  • Advance Business Center / GTC
  • HAVI Logistics
  • Concentrix Bulgaria
  • Glavbolgarstroy
  • KBC Global Services Bulgarian Branch
  • TAWAL
  • RingCentral
  • Terraverde CE AD
  • Park Lane Developments
  • OL Digital

Work highlights

  • Advising Mitiska REIM on a new entry into the Bulgarian real estate market by structuring a joint venture with Park Lane for the development of retail parks.
  • Advising Lion’s Head Investments on the acquisition of land plots for the development a logistics park.
  • Advising a Bulgarian investment company on the acquisition of a shopping centre in Bulgaria by acquiring the debt owed by the owners in exchange for ownership over the properties.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Antonia Mavrova

Other key lawyers

Desislava Dimitrova, Simeon Vachev, Mladen Minev, Atanas Mihaylov